# BANKFIRST
NORFOLK, NE · FDIC certificate 20130 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.21B | |
| Deposits | $804.7M | |
| Loans and leases | $730.1M | |
| Total equity | $195.6M | |
| Loans / deposits | 89.35% (p57 of band) | 87.10% |
| Liquid assets / assets | 35.21% (p84 of band) | |
| Uninsured deposits / deposits | 31.15% (p52 of band) | 30.76% |
| Brokered deposits | 9.74% | |
| Wholesale funding | 26.38% (p94 of band) | |
| FHLB advances / assets | 16.64% | |
| Tier 1 leverage | 15.31% (p93 of band) | 10.50% |
| Unrealized securities loss / equity | -1.22% (p86 of band) | -7.75% |
| AOCI / equity | -0.39% (p43 of band) | |
| ROA (annualized) | 1.92% (p85 of band) | 1.26% |
| Net interest margin | 4.25% (p79 of band) | 3.70% |
| Efficiency ratio | 36.28% (p6 of band) | |
| Noncurrent loans | 0.84% (p68 of band) | 0.51% |
| Net charge-offs (annualized) | 0.23% (p88 of band) | |
| Reserve coverage of noncurrent | 179.51% | |
| Real estate % of loans | 70% | |
| Construction % of loans | 64.78% (p67 of band) | |
| Auto loans | $2.8M (0.38% of loans; DQ 1.30%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 11.4% | |
| Employees | 95 | |

## Flags firing in the latest filing

- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | reserve under noncurrent |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | deposits shrinking |  |
| 2014-03 | 0 |  | deposits shrinking |
| 2014-06 | 1 | brokered >10% |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 | capital falling | brokered >10% |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 4 | wholesale funding >15%, capital falling, deposits shrinking, uninsured deposits leaving |  |
| 2016-03 | 3 | reserve under noncurrent | deposits shrinking, uninsured deposits leaving |
| 2016-06 | 3 | construction >100% equity | reserve under noncurrent |
| 2016-09 | 3 | brokered >10% | construction >100% equity |
| 2016-12 | 2 |  | brokered >10% |
| 2017-03 | 2 |  |  |
| 2017-06 | 0 |  | wholesale funding >15%, capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 4 | construction >100% equity, deposits shrinking |  |
| 2018-12 | 3 |  | deposits shrinking |
| 2019-03 | 4 | capital falling |  |
| 2019-06 | 2 |  | construction >100% equity, capital falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | deposits shrinking |  |
| 2020-06 | 3 | reserve under noncurrent | deposits shrinking |
| 2020-09 | 3 |  |  |
| 2020-12 | 1 |  | loans exceed deposits, reserve under noncurrent |
| 2021-03 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2021-06 | 2 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | charge-offs p90 |
| 2022-06 | 3 | capital falling, noncurrent p90 |  |
| 2022-09 | 2 |  | capital falling |
| 2022-12 | 1 |  | noncurrent p90 |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | loans exceed deposits |  |
| 2024-03 | 2 | uninsured deposits leaving | loans exceed deposits |
| 2024-06 | 2 | loans exceed deposits | uninsured deposits leaving |
| 2024-09 | 1 |  | loans exceed deposits |
| 2024-12 | 4 | loans exceed deposits, noncurrent p90, reserve under noncurrent |  |
| 2025-03 | 3 |  | loans exceed deposits |
| 2025-06 | 4 | charge-offs p90 |  |
| 2025-09 | 3 |  | charge-offs p90 |
| 2025-12 | 2 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2026-03 | 1 |  | charge-offs p90 |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-07-01 [$3.2 billion Mississippi bank merger now complete. What to know - The Clarion-Ledger](https://news.google.com/rss/articles/CBMiyAFBVV95cUxOLWpZYmhETzUtdEhBUTN3ZHNVc1RqY2MxUE45akMwY0ZrUHR3bmQwMG9LVUFTbldnQldoOS0zekVLRDdjTVNCYWRRcmg2N0NtZm5WVmxUUE1aR3BEZ1B2QWJyYUVGQ0Vtdm5yR2NNRUNTWlMxdDhDTjVaSk5RbTdDMi1CRS1WeHE1NE93aTVpckkzbEZkMWFMMHMzOVJXWHdLeEFTS25xR052RnM5RkF5SWw3clJmRDBXUnRRbndla3dZRTJxQmZqYQ?oc=5) · The Clarion-Ledger
- 2020-07-06 [BankFirst Capital Corporation completes acquisition of Traders & Farmers - djournal.com](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNaldZSjR4OWdUTnBBa3hUVlNtbjh5dUtNUFRJSUx6SVB6V1ZkdC1nUDBYdFRtOWxJN25MQzVkZUJ5Z2QxVURYLU14a1ZTcXBhUHNYNjU5enlYcVp3ejh5ODBjSEFsRG9xaDdCYUZUenJaMEdvYmNDemNTWktQQUhnbUZXbVVXRllmaVQ5OFRTTjBkYVNoSGd3MFh5S21YV3ZFVGxyeldnS1dqd3lhRC0yS3Y3V2drQWhhcU9YWUNXTG1BSHZLZ1JHY1plbDFwcnZfX3E4RllKb0JiZUlFQlE?oc=5) · djournal.com
- 2025-10-17 [BankFirst promotes Buckley to president in Laurel, Jones - Laurel Leader-Call](https://news.google.com/rss/articles/CBMi1AFBVV95cUxQWkxNV2IyNjlBUGNKQ3FBTG1KRW1PYThOb1hZODRtZ0ZZUHp3dTctUzN4VUc5Q1BWR3JjTERXMzhVSDNCRXJxZHBWUFJnNGFMVlNIcU1ocjdhRDBTUUZCRGEtX0hieG5Obm9jTXZiREJrc3ZMeHdPRGhUdjM5cGxLTEt3aF9WZUlpTFpBdld4ZVpZQl9taUZ1ZXU0WlB0UXN0eEJSUDJGUEtxY3JRWU10SE56VWpLVmZnS0FYTm5oSjQwUUJTMURRWVg1Y1JhTTlVWHBvQQ?oc=5) · Laurel Leader-Call
- 2024-03-15 [Relocated banks become homes to area businesses - The Norfolk Daily News](https://news.google.com/rss/articles/CBMizgFBVV95cUxPTnhJaWRVYXVLTklURjRxUUFRUmJwZFhKMkdDeVF5Qy1oSlFDMTZJa1ZmMG51eHhlR0dpT2Fvdkl3RnRTREIzeXlZMXJRMk1tXzZIalNaZ2V3aWw1OXFNN3FrcTZsVC1ySmM1YUtuVGplWUI5cnJUYmNvbWRiREl1T1VTek9FWld6R1E3d3hZR2xEZDNrS0tUTlFIZG5rcnE2anVHd2RCTVEzc2pkM0FCbEV2ZW5OR25EN1NxaHpZT212VFNCRWcyeWlQUFJ2UQ?oc=5) · The Norfolk Daily News
- 2024-04-06 [Seacoast Bank to build new office at existing headquarters on Colorado Avenue in Stuart - Treasure Coast News](https://news.google.com/rss/articles/CBMihgJBVV95cUxOaU9LcjkyQWQzVmRNR29VczRSTXlXN3hpWm4tOWlDMFAyYTRaakF0LWtGVk9EUUZXVUI5SFB1YnEtb2ZMSmVrNkFRYy1DNWlCMkxhakVCLWhuSUhaWHN5cXhEaXk4YVBPaFlXSFp0WXliVUMwWU9pbUFvTUJESDJCWG9vVDI0bGZtN2xIUl92OGpHckJkcDhPR1RZWVR1cmlRcGxHU2dsMUFTUGFZWk9wUk5CZXpmUm5SWVI0RkJTTl8xMjRrcGptVXEwSUZOMEhiV0c2Um5DbHBDTXBad3ZGMGUyckdPbzFZREM1WklsOThVQmZwOTVmT1lFSWRJb2FXcjVNamNn?oc=5) · Treasure Coast News
- 2019-10-24 [Chattanooga's biggest bank takes on brand new name Friday - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMimgFBVV95cUxQVGswenF3d2lOOUxqRi1kM3o0NWJETWI2WmxtS1hReXN4U0JUMExaTlQ0YnZHQ09OWmNmZnpVLXRnNzk3ejh6NGozX3NLWDlONnB4RktMSExFSWx4VUdISFIwUGUwUjladzVBWmlrMThJdDl5VjlDVHcyX0dUdWhjR1N2bzBGU3kyalV5RjgtRDVsYjJ2MlRXekhR?oc=5) · Chattanooga Times Free Press
- 2026-02-18 [Alabama ONE Credit Union Acquires Peoples Independent Bank - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxQczUzdmZjLXhSb0xoYjlUUnZpUk5HUzByQ0pjaHRKNm1BNkYtaEU4OE1XeUVOSmktRGxYVFhUbmYtbFFZdlhtM1FLcmo3OS1SMG5ZLXd2dFdmYVhSQlg0bXE3UmtlZE9pN3NzZEdsZ0cxZENVa1pmSGJhd2pvRnU0WGNFYnVTMzZnLThMbEZfTGozWUw1VGxVNzA5Zw?oc=5) · Patch
- 2023-08-19 [Willis Ferguson Obituary (1924 - 2023) - Columbus, NE - The Columbus Telegram - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxNcDY1M1BWbEVkX09nUzNoSjdYM0FEa3RtemFQU3dXekJkbVBBdUxfNlFfTVY5MTZuLTdMRF9YMHlqQUtCZklnMlNuR2hXYWV3Y2M4X25NcmhsY3RzVGhFTG1fN3ZLMEhsMm8wc3ZfWUNhbHFEM3Bvb2RRd0R3Uks1Nk5xa3FTZmxlMFE3Rkoxc3lsSWFJZDczcEdLcw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=20130 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/34.json (key "20130", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide